Sigma Alpha Properties Llc is located in Richmond, VA. The organization was established in 2003. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sigma Alpha Properties Llc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2022, Sigma Alpha Properties Llc generated $67.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $67.7k during the year ending 12/2022. While expenses have increased by 3.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
FRATERNITY HOUSE - THE ORGANIZATION PROVIDES AND MAINTAINS A HOUSE FOR THE ACTIVE AND ALUMNI MEMBERS OF THE SIGMA ALPHA CHAPTER OF THE DELTA KAPPA EPSILON FRATERNITY TO LIVE, MEET, AND HOLD FRATERNITY EVENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Wesley Johnson Director/treasurer | 2 | $0 | |
Evan Miller Director | 1 | $0 | |
Mark Lenzi Director | 1 | $0 | |
Dan Johnson Chairman/president | 4 | $0 | |
Jeff Rose Vice Chairman/secretary | 1 | $0 | |
Tom Wilkinson Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,810 |
Total Program Service Revenue | $63,875 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $67,685 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $43,672 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $24,013 |
Total expenses | $67,685 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $303,407 |
Total liabilities | $324,316 |
Net assets or fund balances | -$20,909 |